Demand for streaming services might be falling in the near term, but the segment has excellent long-term prospects.
Netflix (NFLX -3.92%) and Roku (ROKU 0.15%) captured a massive tailwind during the pandemic when demand for streaming services soared. That's now turning into a headwind as people spend more time away from home after economies reopened.
*Stock prices used were the afternoon prices of March 27, 2023. The video was published on March 29, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix and Roku. The Motley Fool has a disclosure policy.
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